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408002 GREY RD 4, Grey Highlands, Ontario, N0C 1J0

MLS® # X9392344
Investment For Sale In Grey Highlands, Ontario
$449,000
408002 Grey  Rd 4, Grey Highlands, ON - Outdoor
408002 Grey  Rd 4, Grey Highlands, ON - Outdoor With View
408002 Grey  Rd 4, Grey Highlands, ON - Outdoor With View
408002 Grey  Rd 4, Grey Highlands, ON - Outdoor With View
408002 Grey  Rd 4, Grey Highlands, ON - Outdoor With View
408002 Grey  Rd 4, Grey Highlands, ON - Outdoor
408002 Grey  Rd 4, Grey Highlands, ON - Outdoor With View
408002 Grey  Rd 4, Grey Highlands, ON - Outdoor With View
408002 Grey  Rd 4, Grey Highlands, ON - Outdoor With View
408002 Grey  Rd 4, Grey Highlands, ON - Outdoor With View
408002 Grey  Rd 4, Grey Highlands, ON - Outdoor
408002 Grey  Rd 4, Grey Highlands, ON - Outdoor
408002 Grey  Rd 4, Grey Highlands, ON - Other
408002 Grey  Rd 4, Grey Highlands, ON - Outdoor With Exterior
408002 Grey  Rd 4, Grey Highlands, ON - Outdoor
408002 Grey  Rd 4, Grey Highlands, ON - Outdoor With Exterior
408002 Grey  Rd 4, Grey Highlands, ON - Outdoor With Above Ground Pool With Backyard
408002 Grey  Rd 4, Grey Highlands, ON - Outdoor With Exterior
408002 Grey  Rd 4, Grey Highlands, ON - Outdoor With Deck Patio Veranda With Exterior
408002 Grey  Rd 4, Grey Highlands, ON - Outdoor
408002 Grey  Rd 4, Grey Highlands, ON - Outdoor
408002 Grey  Rd 4, Grey Highlands, ON - Outdoor With Exterior
408002 Grey  Rd 4, Grey Highlands, ON - Outdoor With Exterior
408002 Grey  Rd 4, Grey Highlands, ON  - Outdoor
408002 Grey  Rd 4, Grey Highlands, ON  - Outdoor With View
408002 Grey  Rd 4, Grey Highlands, ON  - Outdoor With View
408002 Grey  Rd 4, Grey Highlands, ON  - Outdoor With View
408002 Grey  Rd 4, Grey Highlands, ON - Outdoor With View
408002 Grey  Rd 4, Grey Highlands, ON - Outdoor
408002 Grey  Rd 4, Grey Highlands, ON - Outdoor With View
408002 Grey  Rd 4, Grey Highlands, ON - Outdoor With View
408002 Grey  Rd 4, Grey Highlands, ON - Outdoor With View
408002 Grey  Rd 4, Grey Highlands, ON - Outdoor With View
408002 Grey  Rd 4, Grey Highlands, ON - Outdoor
408002 Grey  Rd 4, Grey Highlands, ON - Outdoor
408002 Grey  Rd 4, Grey Highlands, ON - Other
408002 Grey  Rd 4, Grey Highlands, ON - Outdoor With Exterior
408002 Grey  Rd 4, Grey Highlands, ON - Outdoor
408002 Grey  Rd 4, Grey Highlands, ON - Outdoor With Exterior
408002 Grey  Rd 4, Grey Highlands, ON - Outdoor With Above Ground Pool With Backyard
408002 Grey  Rd 4, Grey Highlands, ON - Outdoor With Exterior
408002 Grey  Rd 4, Grey Highlands, ON - Outdoor With Deck Patio Veranda With Exterior
408002 Grey  Rd 4, Grey Highlands, ON - Outdoor
408002 Grey  Rd 4, Grey Highlands, ON - Outdoor
408002 Grey  Rd 4, Grey Highlands, ON - Outdoor With Exterior
408002 Grey  Rd 4, Grey Highlands, ON - Outdoor With Exterior
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408002 GREY RD 4, Grey Highlands, Ontario, N0C 1J0
$449,000

Property Information:

Investment or redevelopment opportunity: 58.5ft x 150 ft corner lot with prime mixed-use building at Grey Rd 4 & 2 in Maxwell. 4,212 sq ft with income from 2 residential units and 1 commercial unit. Many updates in a great location with mixed-use C2 highway and service commercial zoned building. The building includes Residential Unit 1 at 2,106 sq ft, Residential Unit 2 at 1,288 sq ft, and Residential Unit 3, a 1,288 sq ft studio combined with Commercial Unit 4. Significant updates ensure the building's efficiency and comfort, featuring windows, insulation, a hot water tank (owned), shingles, eavestroughs, soffits, fascia, a well water system, hydro panel, and an oil tank [2023]. Two separate hydro meters provide convenience and cost management, while ample parking for 6 vehicles caters to both residential and commercial tenants. Currently, the residential units are occupied by long-term tenants on a month-to-month basis. Located within a 30-minute drive of Collingwood and Blue Mountain and close to various amenities such as schools, trails, golf courses, conservation areas, provincial parks, Lake Eugenia, and Kolapore ski trails, this property is an attractive place to live, work, and play. This versatile building is a rare opportunity to expand your investment portfolio or establish a live-work setup. Do not miss out on this exceptional commercial investment in Maxwell. **** EXTRAS **** Tenants on month to month leases. Retail space current shared with 3rd residential tenant. Great corner location for re-purpose. Building has no historical value. Floor plan does not record Unit 1. The property is offered as is, where is. (id:27)

Building Features:

  • Style: Fourplex
  • Building Type: Multi-Family
  • Air Conditioning: Yes
  • Heating Type: Forced air
  • Heating Fuel: Oil
  • Cooling Type: Partially air conditioned
  • Appliances: Dryer, Refrigerator, Two stoves, Washer

Property Features:

  • Property Type: Multi-family
  • Bedrooms: 7
  • Bathrooms: 1
  • Amenities Nearby: Highway
  • Features: Irregular lot size
  • Irregular: Yes
  • Lot Depth: 150.0 Feet
  • Lot Frontage: 58.5 Feet
  • Lot Size: 58.5 x 150 FT
  • Zoning: C2 Store with Legal 2 Residential Units
  • Sewer: Septic System
  • No. of Parking Spaces: 6

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Location of 408002 GREY RD 4, Grey Highlands, Ontario, N0C 1J0

Climate Risk Data

About Climate Risk: Properties are at increased risk of damage from extreme weather due to climate change.
ClimateCheck provides detailed climate risk data for properties now and up to 30 years into the future.

Projected Heat Risk: Moderate

33 hot days expected in 2050

Projected Precipitation Risk: Moderate-High

15 storms expected in 2050

Projected Heat Risk: Moderate

33 hot days expected in 2050

44/100

Moderate

ClimateCheck®

Current data

This property, 408002 GREY RD 4 , experiences 7 hot days per year at around 29 degrees Celsius.

Projected data

Severe heat risk is expected to increase in this area. In 2050, it is projected that there will be 33 hot days at 32.6 degrees Celsius.

Projected Avg. Temperature

Past
29℃
2050
32.6℃

# Hot Days Per Year

Past
7
2050
33

About Heat Risk

Heat risk is the number of extreme heat days experienced each year looking at historical conditions (1980-2005) in your area and taking the 2% of the hottest days and projecting that into the future.

Projected Precipitation Risk: Moderate-High

15 storms expected in 2050

70/100

Moderate-High

ClimateCheck®

Current data

This property, 408002 GREY RD 4 , experiences 12 significant 2-day storms per year, with about 326.8mm of precipitation per storm.

Projected data

Severe storms are expected to increase in this area. In 2050, it is projected that there will be 15 significant 2-day storms with 411.9mm of precipitation per year.

Precipitation Per Storm

Past
326.8mm
2050
411.9mm

48-Hour Storms Per Year

Past
12
2050
15

About Storm Risk

Storm risk is the number of high wind, wet or snowy events each year. Climate check looks at historical conditions (1980-2005) in your area, on the days with the top 1% of total precipitation in a year and projected to 2050.

Climate risk data is provided for informational purposes only on Royallepage.ca.
If you have questions or feedback about this data, get help at climatecheck.com.

Environmental Risks provided by ClimateCheck®

Royal LePage does not endorse nor guarantee this information. By providing this information, Royal LePage and its agents are not providing advice or guidance on climate risks. Royal LePage strongly recommends that consumers independently investigate the property’s climate risks to their own personal satisfaction.

Demographic Information of 408002 GREY RD 4, Grey Highlands, Ontario, N0C 1J0

Life Stage

Midlife Families

Employment Type

Blue Collar/Primary, Blue Collar/Service Sector

Average Household Income

$105,395.31

Average Number of Children

2.02

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

21.37 %

High school certificate or equivalent

38.24 %

Apprenticeship trade certificate/diploma

7.74 %

College/non-university certificate

24.95 %

University Degree

7.7 %

Commuter

Travel To Work

By Car

97.67 %

By Public Transit

0.0 %

By Walking

0.15 %

By Bicycle

0.0 %

By Other Methods

2.18 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

Houses

100.0 %

Own Vs. Rent